TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 15, 2:00 AM EST
Kalshi
This event tracks the lowest temperature recorded in Dallas on June 14, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for that date, with resolution based on which temperature range the recorded minimum falls into.
Resolution is determined by the minimum temperature recorded at Dallas/Fort Worth on June 14, 2026, according to the National Weather Service's Climatological Report (Daily), accessed via the Dallas/Fort Worth, TX location on the NWS website. The official temperature data from this source is the sole determinant; preliminary NWS reporting and other weather services are not authoritative. Temperature measurements may be subject to rounding and conversion nuances in preliminary NWS data, so traders should exercise caution when interpreting such preliminary information. The recorded minimum temperature will be categorized into one of six ranges: 69°F or below, 70-71°F, 72-73°F, 74-75°F, 76-77°F, or 78°F and above, with each range corresponding to a distinct market outcome.
Prediction market odds reflect real-money consensus from traders who profit or lose based on accuracy, creating strong incentives for honest price discovery. Meteorologists and climate analysts typically issue seasonal or monthly forecasts using physics-based models, but they rarely publish point estimates for a specific low temperature on a single day months in advance. This market captures crowd intelligence on an outcome that traditional forecasters do not routinely quantify, making it a complementary signal rather than a direct comparison. Both approaches—market pricing and expert analysis—offer value for understanding temperature expectations.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares representing different temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The bid-ask spread reflects the current supply and demand for each outcome, with tighter spreads indicating higher confidence and liquidity. As new information arrives—such as updated climate forecasts or seasonal data—traders adjust their positions, moving prices up or down. Prices range from near zero to near one hundred, with higher prices indicating greater perceived likelihood of that outcome occurring.
This market resolves around Jun 15, 2026, once the lowest temperature recorded in Dallas on June 14, 2026 is verified and confirmed. The outcome is determined by the actual meteorological reading from that date, checked against credible public sources. Traders holding shares in the correct outcome receive their payout, while incorrect positions expire worthless. The resolution process is automatic once the data becomes available and is validated by the platform.
Major climate patterns—such as El Niño or La Niña conditions, jet stream positioning, and seasonal warming trends—can shift expectations for June temperatures in Dallas. Updated long-range weather forecasts from meteorological agencies may trigger significant repricing as traders incorporate new model runs. Broader climate anomalies, such as persistent heat waves or cooler-than-normal patterns across the southern United States, influence how traders assess the likelihood of specific temperature outcomes. Real-time weather developments in the weeks leading up to June 14 will also drive trading activity and price adjustments.